IQ CARS

Established in 2020, within the first two months of launching, iQ Cars gained 30,000 downloads and 18,000 active users. Before launching iQ Cars, Founder Amer Salih had worked in the Iraqi automotive industry for six years. He headed the marketing, business development, and product departments for Toyota, Hino, and Lexus at Toyota Iraq. Currently, iQ Cars has 400,000 app downloads, 60,000 monthly active buyers, 40,000 registered members on the platform, and 680 registered car showrooms. The team comprises 14 members across five cities with expert experience in the automotive industry. With an annual market size of more than 45$ billion, iQ Cars plans to grow by 400% by the end of the year.

Location: Erbil

Established: 2020